Listed by Thuy A. Nguyen, Keller Williams Eastside
- Commercial Industrial
- Type
- 1966
- Year built
- 15,000 sq ft
- Lot
- 206
- Days on market
About this property
***Be sure to ask about our LENDER-PAID 1-0 BUYDOWN option! Enjoy an INTEREST RATE THAT IS 1% LOWER DURING YOUR FIRST YEAR.*** Excellent investment and redevelopment opportunity. Commercial mixed-use–zoned property featuring two buildings on three separate tax parcels totaling 31,212 SF, with 150 feet of 1st Ave S frontage and strong Hwy 509 exposure. The main 6,775 SF building includes an established restaurant and lounge on the upper level, with a vacant lower level offering additional income or redevelopment potential. A freestanding 357 SF building provides supplemental revenue. New mixed-use zoning allows for flexible commercial and residential redevelopment. Hold as-is or reposition—numerous future possibilities. Buyer to verify all information.
Location & commute
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Property details
Listing details
- Listing number
- #2461542
- Listed
- December 19, 2025
- Days on market
- 206
- Original list price
- $3,000,000
Construction
- Year built
- 1966
- Style
- 61 - Comm Bldg Ovr 10K
- Structure
- Unspecified
Heating & cooling
- Heating
- Forced Air
- Cooling
- Forced Air
- Energy source
- Natural Gas
Lot
- Lot size
- 15,000 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Public
- Power
- Public
What stands out to you?
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- Unspecified
- Forced Air
- Natural Gas
- Cash
- Conventional
Listing history
Listed
$3,000,000
December 19, 2025
Current price
$2,200,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$12,811
- Principal & interest
- $11,124
- Property tax (est.)
- $1,687
Assumes $440,000 down (20%), a $1,760,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.